13,200 Shares in Dynatrace, Inc. (NYSE:DT) Purchased by Mirabella Financial Services LLP

Mirabella Financial Services LLP purchased a new position in Dynatrace, Inc. (NYSE:DT) during the 4th quarter, Holdings Channel.com reports. The firm purchased 13,200 shares of the company’s stock, valued at approximately $717,000.

A number of other hedge funds also recently bought and sold shares of the company. Stifel Financial Corp boosted its position in shares of Dynatrace by 15.7% during the third quarter. Stifel Financial Corp now owns 16,014 shares of the company’s stock valued at $856,000 after buying an additional 2,177 shares during the last quarter. Barclays PLC grew its holdings in Dynatrace by 85.3% during the third quarter. Barclays PLC now owns 2,133,462 shares of the company’s stock valued at $114,076,000 after purchasing an additional 981,964 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Dynatrace during the 3rd quarter valued at approximately $131,000. Tidal Investments LLC lifted its holdings in Dynatrace by 2.7% during the third quarter. Tidal Investments LLC now owns 35,113 shares of the company’s stock valued at $1,877,000 after purchasing an additional 923 shares in the last quarter. Finally, Synovus Financial Corp lifted its stake in shares of Dynatrace by 27.8% during the 3rd quarter. Synovus Financial Corp now owns 64,093 shares of the company’s stock valued at $3,427,000 after buying an additional 13,957 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

Insider Activity at Dynatrace

In other news, CFO James M. Benson sold 34,932 shares of Dynatrace stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $61.05, for a total transaction of $2,132,598.60. Following the completion of the sale, the chief financial officer now directly owns 339,004 shares in the company, valued at approximately $20,696,194.20. The trade was a 9.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Stephen J. Lifshatz sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $60.88, for a total transaction of $152,200.00. Following the transaction, the director now directly owns 36,471 shares of the company’s stock, valued at $2,220,354.48. This represents a 6.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 117,432 shares of company stock valued at $7,159,599 over the last quarter. 0.59% of the stock is owned by corporate insiders.

Dynatrace Stock Down 0.3 %

Dynatrace stock opened at $43.08 on Monday. The firm has a market cap of $12.90 billion, a P/E ratio of 26.93, a P/E/G ratio of 7.05 and a beta of 1.05. Dynatrace, Inc. has a twelve month low of $39.30 and a twelve month high of $63.00. The business has a fifty day moving average of $50.91 and a two-hundred day moving average of $53.47.

Wall Street Analyst Weigh In

Several analysts recently issued reports on DT shares. UBS Group lifted their target price on Dynatrace from $58.00 to $62.00 and gave the company a “neutral” rating in a research note on Friday, January 31st. Morgan Stanley lowered their price objective on shares of Dynatrace from $62.00 to $50.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 16th. BMO Capital Markets decreased their price objective on Dynatrace from $70.00 to $60.00 and set an “outperform” rating on the stock in a research report on Monday, March 17th. Rosenblatt Securities reiterated a “buy” rating and set a $67.00 price objective on shares of Dynatrace in a research report on Thursday, February 6th. Finally, Jefferies Financial Group decreased their price objective on shares of Dynatrace from $65.00 to $60.00 and set a “buy” rating for the company in a research note on Monday, April 7th. Eight research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat.com, Dynatrace currently has a consensus rating of “Moderate Buy” and a consensus price target of $62.00.

About Dynatrace

Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.